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"Pay or die": Company liquidations hit 10 year high

Author
Newstalk ZB,
Publish Date
Tue, 21 Jan 2025, 8:09am
Photo / Getty
Photo / Getty

"Pay or die": Company liquidations hit 10 year high

Author
Newstalk ZB,
Publish Date
Tue, 21 Jan 2025, 8:09am

Company liquidations are at a 10 year high.  

Data from the Companies Office shows there were 2,500 liquidations last year – the highest since 2014.  

Company receiverships are also the highest they've been since 2012, at 186.  

BWA Insolvency's principal Bryan Williams told Ryan Bridge he doesn't think it's as bad as the Global Financial Crisis. 

He says how the geopolitical environment will change and impact New Zealanders may alter things. 

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